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German Regulator BaFin Approves Crypto Carbon Credits Exchange Developed by Neutral and DLT Finance
6.2.2024
In collaboration with DLT Finance, Neutral, a German brokerage firm, has unveiled a blockchain-backed exchange for carbon credits. These financial instruments represent forests and renewable energy products, enabling businesses to offset their carbon footprint. While other initiatives have ventured...
Bitcoin’s Sustainable Energy Mix Over 50%, Carbon Footprint Compares Better Than Other Industries: Bloomberg Report
21.9.2023
Over the years, Bitcoin's (BTC) energy consumption data which posed serious concerns from several quarters has become more positive toward sustainability.
A new report from Bloomberg shows the sustainable energy mix of Bitcoin above 50% indicates a better climate growth ratio than several...
KPMG Study Highlights Bitcoin Mining’s Potential to Shrink Carbon Footprints
3.8.2023
In a fresh analysis focusing on Bitcoin and its alignment with environmental, social, and governance (ESG) principles, the ‘Big Four’ accounting titan KPMG delves into the digital currency’s promising contributions to this movement. The professional services entity highlights...
Solana launches emissions dashboard to spur blockchain carbon footprint transparency
21.4.2023
The Solana Foundation has launched a real-time carbon emissions tracker to monitor the Solana blockchain
Solana’s Annual Carbon Footprint Equals 8 Flights from London to New York
21.4.2023
The real-time dashboard, produced by the Solana Foundation, shows how much carbon the smart contracts platform is emitting
Environmental Impact of AI Models Takes Center Stage Amid Criticism Against Bitcoin Mining
18.4.2023
While bitcoin’s effect on the environment has been discussed at length over the last two years, the latest trend of artificial intelligence (AI) software is now being criticized for its carbon footprint. According to several headlines and academic papers this year, AI consumes significant...
C6 Bank’s Climate Tool to Track CO2 Emissions From Customer Transactions Prompts Debate on Future of Banking
14.4.2023
On April 13, a C6 Bank customer in Brazil shared screenshots of his online bank account, revealing that the financial institution was tracking CO2 emissions from his purchases and urging him to compensate monetarily. C6 Bank states that the new tool aims to inspire Brazilians to adopt more...
ESG Analyst Daniel Batten Reveals Dynamic Charts Showing Bitcoin’s 52.6% Sustainable Energy Use
9.3.2023
Environmental, social, and governance (ESG) analyst Daniel Batten said Tuesday that the computational backbone of the Bitcoin network now uses 52.6% sustainable energy. Batten and onchain analyst Willy Woo created Dynamic Bitcoin ESG Charts to showcase the protocol’s progress. Contrary...
Renault Launches Its Industrial Metaverse, Aims to Save $330 Million by 2025
15.11.2022
Renault, one of the biggest automakers in the world, has announced it has built the first industrial metaverse, with all its production lines supplying data to this world. According to the company, this digital twin replica will allow it to save $330 million by 2025, diminishing warranty expenses...
PEGA Pool to Launch in 2023 to Help You Offset Your Carbon Footprint While Crypto Mining
14.11.2022
PEGA Pool is an eco-friendly crypto mining pool currently in private beta testing and is expected to be open to the public in the first quarter of 2023. Regarding bitcoin mining, there have always been concerns about its environmental impact; however, now is the ideal time to make a difference...
Bitcoin Miner Greenidge Seeks to Raise $22.8 Million in Class A Common Stock Proposal
7.10.2022
The bitcoin mining operation Greenidge Generation is seeking to raise roughly $22.8 million, according to a U.S.Securities and Exchange Commission (SEC) filing published Wednesday. According to the prospectus disclosing information, the New York-based Greenidge conducted a sales agreement with...
The Coorest Carbon Standard Now Officially Certified
4.10.2022
PRESS RELEASE. Coorest, a Polygon-native project, is the first blockchain project to have a certified standard for carbon compensation entirely on-chain — allowing anyone with an internet connection to compensate for their carbon footprint, thereby demonstrating that the newly certified...
CCRI Finds TRON as One of the Top Eco-Friendly Blockchains
25.8.2022
A new report by the Crypto Carbon Ratings Institute (CCRI) showcases the environmental sustainability of the TRON network. According to the “Energy Efficiency and Carbon Footprint of the TRON Blockchain” report, the highly popular TRON network only consumes as much electricity as just...
ECB Calls for Urgent Regulation of Stablecoins and Defi, Won’t Rule Out Bitcoin Mining Ban
14.7.2022
A new report by the European Central Bank (ECB), presented as a “deep dive into crypto financial risks,” calls for “appropriate” regulation and oversight of stablecoins and decentralized finance (defi). It also addresses the hot topic of Bitcoin’s carbon footprint...
IOTA Foundation joins Dell to develop real-time carbon footprint tracking
7.6.2022
The IOTA Foundation joined Dell along with ClimateCHECK and BioE to fight climate change using real-time carbon footprint data
US Lawmakers Call for More Oversight of Cryptocurrency’s Environmental Impacts
24.4.2022
Twenty-three U.S. lawmakers have called on the U.S. Environmental Protection Agency (EPA) to increase oversight of cryptocurrency’s environmental impacts. “We request that the EPA evaluate ‘Proof-of-Work’ mining facilities’ compliance with environmental...
WDRL — Edition 297: Carbon footprint of ads, JS sorting, PHP the right way and using what we have.
17.3.2022
Hey,
from time to time my intro isn’t entirely web-focused. I always struggle a bit when this is the case because usually it’s about sensitive topics which aren’t easy to discuss in public but this is a personal newsletter. And you can always skip the next paragraph.
personal intro
When I sent...
Cryptowisser: Top 100 Crypto Coins Ranked by Carbon Footprint – Algorand Leads the Way
28.2.2022
PRESS RELEASE. February 2022: Leading Crypto service comparison site Cryptowisser, announces its Crypto Carbon Footprint list. The list ranks how sustainable the top 100 cryptocurrencies are and is based on the research of a Swedish team of sustainability experts. The list ranks each coin of how...
China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims
26.2.2022
Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels...
Senator Rages Over Bitcoin's Less Than 0.08% Carbon Footprint
10.2.2022
The environmental impact of Bitcoin (BTC) and crypto mining took center stage during a hearing on digital assets in the US Senate’s Committee on Agriculture on Thursday, as some senators voiced concerns over the “astonishing” energy usage associated with mining. As reported, the Bitcoin mining...